Active listing · MLS #20261053994

16191 Strathmoor Street, Detroit

$95,000

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About this home

This beautifully renovated bungalow is a truly turnkey investment opportunity! Extensively remodeled on the interior in 2024, the home is currently tenant-occupied at $1,200 per month, providing immediate cash flow from day one with future upside through potential rent increases. The current tenant is up to date on rent, takes great care of the property, and would love to remain, offering added stability for the next owner. The home is professionally managed by a local property management company, giving buyers the option to continue management for a seamless transition or self-manage if preferred. Conveniently located on Detroit's west side with easy access to shopping, dining, major roadways, and public transportation, this is a solid, income-producing opportunity in Detroit's growing rental market. Subject to tenant's rights. Please do not disturb the tenant. No showings without an accepted offer. Photos were taken prior to tenant occupancy.

The facts

Price$95,000
Beds3
Baths1
Square feet1,100
TypeSingleFamilyResidence
SubdivisionCHARLES ENGEL
CountyWayne
MLS #20261053994
Listed2026-07-14
Days on market52
Year built1940
Listing officeReal Broker, LLC Troy
Budget the uncapped bill, not the seller's. Michigan taxable value resets the year after closing to roughly half the price — whatever this seller currently pays. Run the uncapping calculator on this price before you offer, and see Detroit's full tax breakdown.

Ask Match Realty about this home

IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-09-04T09:58-04:00; refreshed at least twice daily.